Robin City VC fund 'Robin Fund One', led by ex-entrepreneur Robin Haak's Germany-based Solo GP, has reached its final close of €13 million. Combined with its next growth-focused investment vehicle of €2 million, the fund now has a total of €15 million. In the field of European solo GPs, generally much less than their US equivalents. This is a reasonable number.
It started in 2023.Robin Capital is dedicated to European B2B mid-market enterprise SaaS startups in the DACH region; In Pre-Seed and Seed stages. It is called HR; A.I. Fintech, climate DevOps Used in sectors like Robotics and Industrial Tech.
Some 28 companies are now in the portfolio, with half of the fund spread across companies that are: Kombo Dev (Germany) and Phacet Labs (France).
Robin was founded in December 2022 and the first check was issued to German neo-bank N26 by SmartRecruiters Inc. of San Francisco. Founded in 2022 by Haak, former co-founder of Jobspotting, which was acquired by
Haak's fund has 70 Limited Partners, including GPs from Private Equity and Venture Capital firms, as well as founders and operators.
He also managed to rope in some venture partners, including Renaud Visage, former CTO of Eventbrite and current founder of Slate.VC. Jerome Ternynck, founder of SmartRecruiters and Rypples VC; Lea Vajnorsky, co-founder of Wo\men Inc
Speaking to TechCrunch, Haak said it's a very difficult environment to raise funds.
“This year and a half is probably the most difficult time in history to take risks because of the macro economy. There are no organizations in the fund. Neither does the EIF.”
However, He thinks the advantage is having a wide network: “The LP base I have today is 70 people and they're all professionals… The good part is it's an amazing value-added community.”
Robin Capital has joined the movement of other Solo GPs in Europe, many of them former fund partners; Entrepreneur Played roles as startup operator or content creator (read: podcaster).
Although Solo GPs can sometimes make quicker decisions compared to full multi-partner funds. They typically act more like Angels on steroids. But especially those who create their own brand, their network, It can mean faster access to expertise and an audience.
Hypernova $25 million in funding Soft-launched in 2022 To invest in Solo GPs in Europe.
TechCrunch found 28 'Solo' GP VCs that started in Europe in the last few years, and now one or two (like 20VC and Unruly Capital) are big enough to bring on other partners from the 'Solo' stage. It is slowly coming out. :
City of 14 Peaks
Family doctor: Edoardo Ermotti
20VC
GP: Harry Stebbings
Airway City
GP: Nathan Benaich
Amino group
GP: Manuel Grossman
Anamcara
GP: Annelie Ajami
Backfuture Ventures
GP: Alex Theuma
Sun
GP: Felix Plapperer
Chalfen Ventures
GP: Mike Chalfen
Cocoa
GP: Carmen Alfonso Rico
Common Magic:
GP: Sarah Drinkwater
Day One Ventures
GP: Masha Bucher
Entropy
GP: Sam Cash
Generator
GP: Pietro Invernizzi
Foreword
GP: Declan Kelly
Hello World
Family Doctor: Rodrigo Martinez
Inflammation
GP: Alexander Lange
Lemon juice stand
GP: Simon Teller
City of Monte Carlo
GP: Ian Sosso
Nomad Capital
GP: Marc McCabe
No Label Ventures.
GP: Ramzi Rafih
NP-Hard Ventures
GP: Anke Huiskes
Nebular
GP: Finn Murphy
OpenseedVC
Family doctor: Maria Rotillo
Puzzle adventures
GP: Gloria Baeuerlein
System.One
GP: Max Claussen
Nordic Web
GP: Neil Murray
Underline risks.
GP: Bogdan Iordache
Yang city
GP: Stefano Bernardi